The 213 sales add up to $23.49 million in volume. That is about 42% less than June 2010 (the previous month) and about 20% less than July 2009 (one year ago).<\/p>\n
Here is the long term graph<\/p>\n
![\"Real](\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/july-2010\/LongTermGraph.jpg\" "\\"Real")
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Real Estate Sales Prices<\/h2>\n
The high price sale was 51483 Megan Court<\/a> in Granger’s Shamrock Hills. It sold for $655,000 on July 19th. It was listed for sale on July 17th, 2006 for $849,900, and was priced at $669,900 at the time of sale.<\/p>\n The most active high price neighborhood was Granger’s Covington Shores, which accounted for five of the ten most expensive sales in July:<\/p>\n There were 19 sales that closed above $250,000 and 79 sales that closed under $50,000.<\/p>\n Here is every sales price for the month, at a glance:<\/p>\n Cash sales led to the greatest number of sales, but conventional financing led to the greatest volume of sales. FHA loans were third by both counts,while VA and other types of financing accounted for a small number and volume of sales.<\/p>\n The Notre Dame condo market this month is almost completely inactive within the MLS. In the MLS, there were no Notre Dame condos reported sold, and only two went under contract:<\/p>\n But that does not mean the market is gone. There have been a number of new construction condos that sold directly from the developer to the purchaser, outside of the MLS which only reports sales that involved a Realtor. I have the deeds for two sales that occurred in July and for 15 that have already closed during the calendar year 2010 – all expensive, newly built condos or townhomes that don’t register in the MLS statistics.<\/p>\n I’ll write a useful summary of the Notre Dame condo market once I gather a few more pieces of data and take some time to compare it to years past. \u00a0Until then, if you are in the Notre Dame condo market, it might be smart to find an advocate who is not affiliated with any specific project, but familiar with each of them. \u00a0You might start with a quick e-mail to\u00a0me<\/a>.<\/p>\n I found four new construction sales for July in the MLS:<\/p>\n![\"51483](\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/july-2010\/51483Megan.jpg\" "\\"51483")
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![\"Real](\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/july-2010\/scatter.jpg\" "\\"Real")
<\/p>\nFinancing<\/h2>\n
![\"Real](\"http:\/\/www.realst8.com\/staging\/9756\/images\/market\/july-2010\/financing.jpg\" "\\"Real")
<\/p>\nNotre Dame Condos<\/h2>\n
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New Construction<\/h2>\n
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More Questions?<\/h2>\n